v2.4.0.6
CONSOLIDATED STATEMENTS OF CASH FLOW (USD $)
In Thousands, unless otherwise specified
 12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities of continuing operations      
Net loss $ (363,238) $ (1,325,620) $ (150,929)
Adjustments to reconcile net loss to net cash provided by operating activities:      
Net loss from discontinued operations 0 0 8,405
Depreciation and amortization 20,377 19,718 16,947
Deferred income taxes (3,605) 39,042 (27,944)
Unrealized foreign exchange (gains)/losses (93,772) 138,845 (2,911)
Cost of debt extinguishment 0 0 14,114
Stock options fair value expense 2,953 2,605 3,206
Dividends received 0 0 10,859
Equity (income) / loss in affiliates 0 7,946 (13,386)
Gain on fair value remeasurement of previously held equity interest 0 (7,898) 0
Impairment charge 372,899 1,057,819 131,849
Impairments related to assets held for sale 675 7,355 0
Other non-cash items 8,191 4,345 25,343
Changes in operating assets and liabilities:      
Accounts receivable 82,651 74,606 25,399
Inventories (46,155) (7,413) (4,024)
Prepayments and other current assets (51,821) (2,357) 1,966
Trade accounts payable (32,526) 16,519 (16,874)
Other accrued liabilities and payables (including taxes) 4,419 4,474 (50,137)
Net cash (used in) / provided by operating activities from continuing operations (98,952) 29,986 (28,117)
Cash flows from investing activities of continuing operations      
Purchase of fixed assets (9,374) (15,094) (6,194)
Proceeds from the disposal of fixed assets 659 511 0
Purchase of intangibles 0 (693) 0
Changes in restricted cash 0 0 481,419
Purchase of trademarks 0 (17,473) (6,000)
Disposal of subsidiaries 0 0 124,160
Acquisitions of subsidiaries, net of cash acquired 0 (24,124) (128,464)
Net cash (used in) / provided by investing activities from continuing operations (8,715) (56,873) 464,921
Cash flows from financing activities of continuing operations      
Borrowings on bank loans and overdraft facility 122,803 57,512 63,853
Repayment of bank loans, overdraft facility and other borrowings (77,652) (47,417) (174,251)
Repayment of long-term borrowings 0 0 (19,098)
Net borrowings of Senior Secured Notes 0 0 67,561
Repayment of Senior Secured Notes 0 0 (367,954)
Debt security, net of debt issuance cost of $838 69,162 0 0
Repayment of Convertible Senior Notes (50,392) 0 0
Issuance of shares in private placement 29,870 0 0
Decrease in short term capital leases payable (566) (76) (501)
Proceeds from options exercised 0 72 3,550
Net cash (used in) / provided by financing activities from continuing operations 93,225 10,091 (426,840)
Cash flows from discontinued operations      
Net cash used in operating activities of discontinued operations 0 0 2,806
Net cash provided by investing activities of discontinued operations 0 0 (330)
Net cash used in, provided by financing activities of discontinued operations 0 0 100
Net cash used in discontinued operations 0 0 2,576
Adjustment to reconcile the change in cash balances of discontinued operations 0 0 (2,576)
Currency effect on brought forward cash balances 4,761 (10,910) (14,287)
Net decrease in cash (9,681) (27,706) (4,323)
Cash and cash equivalents at beginning of period 94,410 122,116 126,439
Cash and cash equivalents at end of period 84,729 94,410 122,116
Supplemental Schedule of Non-cash Investing Activities      
Common stock issued in connection with investment in subsidiaries 0 23,174 41,344
Supplemental disclosures of cash flow information      
Interest paid net of amount capitalized 101,633 103,836 111,535
Income tax paid $ 5,750 $ 5,139 $ 29,544